ASX
Stay in step with market opportunities and get insights, actionable trade ideas and dedicated support.
Sort by:
- Newest
- Popular
ASX 200 Analysis: Santa’s rally timing could be down to the Fed
A decent bullish reversal candle has formed on the ASX 200 on Tuesday, which begs the question as to whether Santa’s rally is about to kick into gear. Although it is the FOMC meeting within the next 24 hours which could decide when or even if it starts at all.
Why trade with FOREX.com?
Nasdaq’s record high scoffs at Dow’s worst run in 12 years, ASX follows
Wall Street indices are just not on the same page at the moment, with the Nasdaq hitting a record high, while the S&P 500 trading sideways and the Dow chalks up its worst daily bearish streak in 12 years. And that's not good for the ASX.
AUD/USD support dependent on USD/CNH resistance, ASX set to bounce?
AUD/USD made a minor recovery from its 13-month low late on Wednesday, but whether it can muster up the strength for a decent bounce likely sits in the hands of USD/CNH. Although the ASX 200 could be set for a bounce with the Nasdaq reaching a record high and the S&P 500 close to its own ATH.
AUD/USD clings to key trendline heading into US inflation
A dovish RBA meeting and stronger US dollar ahead of a key US inflation report has kept AUD/USD pinned to a key support level. And odds of it making a meaningful recovery this week appear low, without a surprise downside miss from US CPI. Which again, seems unlikely.
EUR/AUD turns higher, ASX 200 falters on sluggish Australian growth
Today's growth figures are unlikely to force the RBA into any easing action, but it has been enough to weigh on the Australian dollar and ASX 200. And this could allow EUR/AUD to continue higher after a 4-day retracement.
ASX hits record high in thin trade, but double top clouds the outlook
ASX 200 futures (SPI 200) were allowed to print a fresh record high on a daily-close basis. Yet 8500 remains a clear level of resistance, and one which prompted a potential bearish reversal pattern.
With Wall Street bucking its Thanksgiving trend, the ASX could struggle
Wall Street indices took the relatively rare step of ignoring its tendency to rally ahead of the Thanksgiving holiday, and price action suggests there could be deeper pullback. Which may not bode so well for ASX 200 bulls who may be sleeping behind their wheel around a record high.
Market Wrap: Bitcoin Nears $100K, Gold and Crude Oil Stay Bullish
Welcome to Friday! Bitcoin inches closer to $100K, with spot and futures markets hitting record highs. Gold breaks above its 50DMA, bolstering bullish picture, while crude oil builds momentum despite lighter volumes. ASX 200 futures remain a buy-on-dips play, edging closer to record highs. EUR/USD stays under pressure, hitting fresh 2024 lows.
Dow wobbles, Nasdaq holds its own, ASX futures today with break of 8200
Wall Street indices displayed their first signs of doubt following Trump’s election victory last week, with the Dow leading losses on Tuesday. Weak sentiment from China has also weighed on ASX futures overnight.
S&P 500, ASX 200 are on the ropes, but help may be at hand
A brutal day for risk sent Wall Street indices lower on Thursday, but support levels and the tendency for stocks to rise on the week of a US election could help the S&P 500 and ASX 200. Assuming the wheels don't truly fall off first.
ASX 200 toys with bearish breakdown, don’t write of the China A50 yet
A potential bearish reversal pattern suggests a drop to 7900 for the ASX, but only if it clears a support cluster first. China's A50 still looks solid above 13k to my eyes, despite yesterday's selloff.
Australia Q3 inflation report preview: AUD/USD, ASX 200 SPI technical focus
Australia’s Q3 inflation report is the sole remaining domestic data release that could meaningfully influence the outlook for interest rate settings from the Reserve Bank of Australia (RBA) this year, making Wednesday’s report a key event for AUD/USD and ASX 200 SPI futures traders.
ASX 200, China A50 look set to bounce: Asian Open
The bounce for the ASX nay end up being short lived, but price action suggests bulls might sneak in a 'last hurrah' over the near term. Meanwhile the China A50 continues to hold its ground and hint at a bounce of its own.